5.60
-1.75%
Close of 9 Nov 2026, in CNY
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About Ningbo United Group Co
Its shares trade on Shanghai under the ticker 600051.SS. It has been listed since 10 April 1997. In the fiscal year to 31 December 2025, it reported revenue of CN¥1.27bn and net income of CN¥84.4m. At that date it held total assets of CN¥4.50bn and shareholders' equity of CN¥3.41bn.
Ningbo United Group Co., Ltd. engages in the production and supply of electricity and heat; property development; the wholesale and export of goods and provision of related services; as well as provision of wedding ceremony services. The company is headquartered in Ningbo, Zhejiang. Its real estate business mainly provides traditional housing, cultural tourism real estates and special commercial real estates. Its wholesale business is mainly engaged in import and export trading in clothing, textiles, footwear and paper. Its resident service business is mainly engaged in wedding ceremony business, which provides wedding ceremony services, photography services and car rental services.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Trading Companies & Distributors
- Listed since
- 10 Apr 1997
- Employees
- 601
- Website
- nug.com.cn ↗
Leadership
Pay as last reported
- Mr. Shuirong LiChairman of the Board, since 2010
- Mr. Weihe WangVice Chairman of the Board, President, since 2010CN¥1.6m
- Mr. Qingci DongFinance Director, since 2021CN¥1.0m
- Mr. Xiaojun DaiVice President, since 2010CN¥1.1m
- Mr. Zhaohui ZhouVice PresidentCN¥1.1m
- Mr. Zhiguo ShiAssistant PresidentCN¥904,900
- Mr. Yanliang WangAssistant PresidentCN¥904,900
- Mr. Zijun TangSecretary of the BoardCN¥904,900
- Ms. Cai'e LiDirector
- Mr. Wei ShenDirectorCN¥175,400
- Mr. Wenqiang ChenIndependent DirectorCN¥113,200
- Mr. Fen JiangIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Ningbo United Group Co Ltd has established a strong market presence in its industry, which enables it to enjoy a competitive advantage and capture a significant market share.
- The company offers a diverse range of products, allowing it to cater to different customer segments and reduce dependence on any single product line. This diversification enhances its ability to adapt to market trends and mitigate risks.
Weaknesses
- Ningbo United Group Co Ltd relies heavily on certain key suppliers for raw materials or components. Any disruptions or issues with these suppliers could lead to supply chain disruptions and negatively impact the company's operations and profitability.
- The company's operations are primarily focused on the domestic market, limiting its exposure to international markets and potential growth opportunities abroad. Expanding its global presence could provide access to new customers and markets.
Opportunities
- With increasing environmental awareness and regulations, there is a growing demand for sustainable products. Ningbo United Group Co Ltd can capitalize on this opportunity by developing and offering eco-friendly products that meet customer preferences and contribute to a more sustainable future.
- Expanding into emerging markets presents an opportunity for Ningbo United Group Co Ltd to tap into new customer bases and diversify its revenue streams. These markets often offer significant growth potential due to their increasing disposable incomes and evolving consumer preferences.
Threats
- The company operates in a highly competitive industry, facing competition from both domestic and international players. Intense competition can exert pressure on pricing, margins, and market share, posing challenges for Ningbo United Group Co Ltd to differentiate itself and maintain profitability.
- Economic uncertainties, such as fluctuations in exchange rates, interest rates, or economic downturns, can impact the company's business operations, consumer spending, and overall market demand. Ningbo United Group Co Ltd needs to be prepared to mitigate the potential negative effects of such uncertainties.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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